Newcore Gold Announces Closing of $15 Million Private Placement Financing

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VANCOUVER, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce that the Company has closed its previously announced private placement offering of 41,096,000 units of the Company (the "Units") at a price of $0.365 per Unit for gross proceeds of $15,000,040 (the "Offering"). Post Offering the Company has 250,293,285 common shares issued and outstanding, with Management and the Board of Directors collectively owning 15% of the shares.

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